Collaborate Disseminate
ServiceNow announced this morning that it has acquired Passage AI, a startup that helps customers build chatbots, something that should come in handy as ServiceNow continues to modernize its digital service platform. The companies did not share terms of the deal. With Passage AI, ServiceNow gets a bushel of AI talent, which in itself has […] Continue reading ServiceNow acquires conversational AI startup Passage AI
In Xerox’s latest effort to get HP to bend to its will and combine the two companies, it announced its intent today to try and replace the entire HP Board of Directors at the company’s stockholder’s meeting in April. That would be the same board that unanimously rejected Xerox’s takeover bid. Xerox and HP have […] Continue reading Xerox wants to replace HP board that rejected takeover bid
When the Department of Defense finally made a decision in October on the decade long, $10 billion JEDI cloud contract, it seemed that Microsoft had won. But nothing has been simple about this deal from the earliest days, so it shouldn’t come as a surprise that last night Amazon filed a motion to stop work […] Continue reading In latest JEDI contract drama, AWS files motion to stop work on project
International Business Machines is living a case study of a large, established company vying to transform. Over the last decade, the technology elder has struggled to move into areas like cloud and AI. IBM has leaned on a combination of its own R&D abilities and deep pockets to push into modern markets, but has struggled […] Continue reading IBM snaps out of its revenue doldrums, breaking a five-quarter losing streak in Q4
ServiceNow announced today that it has acquired Loom Systems, an Israeli startup that specializes in AIOps. The companies did not reveal the purchase price. IT operations collects tons of data across a number of monitoring and logging tools, way too much for any team of humans to keep up with. That’s why there are startups […] Continue reading ServiceNow acquires Loom Systems to expand AIOps coverage
Thundra, an early stage serverless tooling startup, announced a $4 million Series A today led by Battery Ventures. The company spun out from OpsGenie after it was sold to Atlassian for $295 million in 2018. York IE, Scale X Ventures and Opsgenie founder Berkay Mollamustafaoglu also participated in the round. Battery’s Neeraj Agarwal is joining […] Continue reading Thundra announces $4M Series A to secure and troubleshoot serverless workloads
Snyk, the company that wants to help developers secure their code as part of the development process, announced a $150 million investment today. The company indicated the investment brings its valuation to over $1 billion (although it did not share the exact figure). Today’s round was led by Stripes, a New York City investment firm […] Continue reading Snyk snags $150M investment as its valuation surpasses $1B
Zendesk acquired Base CRM in 2018 to give customers a CRM component to go with its core customer service software. After purchasing the company, it changed the name to Sell, and today the company announced the launch of the new Sell Marketplace. Officially called The Zendesk Marketplace for Sell, it’s a place where companies can […] Continue reading Zendesk launches Sell Marketplace to bring app store to CRM product
When Visa bought Plaid this week for $5.3 billion, a figure that was twice its private valuation, it was a clear signal that traditional financial services companies are looking for ways to modernize their approach to business. With Plaid, Visa picks up a modern set of developer APIs that work behind the scenes to facilitate […] Continue reading Visa’s Plaid acquisition shows a shifting financial services landscape
Epsagon, an Israeli startup that wants to help monitor modern development environments like serverless and containers, announced a $16 million Series A today. U.S. Venture Partners (USVP), a new investor led the round. Previous investors Lightspeed Venture Partners and StageOne Ventures also participated. Today’s investment brings the total raised to $20 million, according to the […] Continue reading Epsagon scores $16M Series A to monitor modern development environments